Search found 359 matches

by ny_rn
Sat Feb 17, 2018 2:49 pm
Forum: Investing - Help with Personal Investments
Topic: Investment strategy... have an extra 1000 a month to spend
Replies: 11
Views: 842

Re: Investment strategy... have an extra 1000 a month to spend

Unstoppable247 wrote:
Sat Feb 17, 2018 2:43 pm
We do not have an IRA.
Get two (you and your wife). That's ~ $11k tax-free growth space...

You will not find a lot of individual stock picking around here. Sorry.
by ny_rn
Sat Feb 17, 2018 12:37 pm
Forum: Investing - Help with Personal Investments
Topic: Investment strategy... have an extra 1000 a month to spend
Replies: 11
Views: 842

Re: Investment strategy... have an extra 1000 a month to spend

Do you both have rIRA in place? If not, max those out and save the rest.
by ny_rn
Tue Feb 13, 2018 3:57 pm
Forum: Personal Consumer Issues
Topic: What big item (>20k) are you saving up for?
Replies: 109
Views: 7568

Re: What big item (>20k) are you saving up for?

Disclaimer: 33-year old male, single, no kids. - Enough to pay almost cash or huge downpayment for a home when the time comes. - Money for future family. - Any opportunities that arise that will help that money make money. Other than that, 100% of that money is parked in good ole Vanguard Total US S...
by ny_rn
Mon Feb 12, 2018 11:35 am
Forum: Investing - Theory, News & General
Topic: Random conversations regarding money
Replies: 44
Views: 4557

Random conversations regarding money

Last night I was at a gathering and found myself in a conversation regarding money and investing with another individual. He asked about what I invest in, etc and I told him, " mostly the US total stock market." He then proceeded to tell me how he only invests in physical gold bars, tax-deferred and...
by ny_rn
Tue Feb 06, 2018 10:26 pm
Forum: Local Chapters and Bogleheads Community
Topic: New Bogleheads Local Chapter in Little Rock, AR
Replies: 25
Views: 1736

Re: Any Bogleheads in Little Rock, AR?

My hometown is Little Rock, AR, but I currently live in Brooklyn, NY. I'm there at least 1-2 every month or so. I would love to meet up if the times work.
by ny_rn
Mon Jan 22, 2018 12:32 am
Forum: Investing - Help with Personal Investments
Topic: Please recommend an allocation now ( age 31) if retiring in 20 years ?
Replies: 33
Views: 2314

Re: Please recommend an allocation now ( age 31) if retiring in 20 years ?

Increase income (not sure what it currently is) and save, save, save.
by ny_rn
Fri Jan 19, 2018 9:39 am
Forum: Personal Finance (Not Investing)
Topic: Help Me Spend $900.00 Unused FSA Dollars
Replies: 42
Views: 2885

Re: Help Me Spend $900.00 Unused FSA Dollars

This happened to me too. I did the following:

1. Massages/acupuncture.
2. Designer glasses.
3. Store credit where I bought the designer glasses.

Make sure the credit card terminal at the place you want to use the FSA money is labeled "health or medical."
by ny_rn
Fri Jan 05, 2018 10:33 am
Forum: Investing - Help with Personal Investments
Topic: Cryptocurrency Exit Strategy
Replies: 52
Views: 4662

Re: Cryptocurrency Exit Strategy

I tend to think some of the other posters' ideas were good ones. I will likely adopt something like "when currency x gets to y level I will take z% of my holdings out and either move them into VTSAX, augment other crypto positions or buy new currencies". I have moved all of my past crypto gains int...
by ny_rn
Fri Jan 05, 2018 10:05 am
Forum: Investing - Help with Personal Investments
Topic: I am waiting for an opportunity to lump sum my 2018 contribution to Roth IRA:)
Replies: 16
Views: 1070

Re: I am waiting for an opportunity to lump sum my 2018 contribution to Roth IRA:)

Forget the "slight" drop off and max it out today. Time in the market; not timing the market.
by ny_rn
Fri Jan 05, 2018 9:39 am
Forum: Investing - Help with Personal Investments
Topic: Cryptocurrency Exit Strategy
Replies: 52
Views: 4662

Re: Cryptocurrency Exit Strategy

Thank you all for the responses. I will start by taking 2x my money out and leave the rest.

It will be interesting to see how this new fund by Arrington XRP Capital plays out: http://arringtonxrpcapital.com/blog/
by ny_rn
Fri Jan 05, 2018 9:30 am
Forum: Investing - Help with Personal Investments
Topic: Cryptocurrency Exit Strategy
Replies: 52
Views: 4662

Re: Cryptocurrency Exit Strategy

Sell. Sell now. We own some crypto that we got early last summer, and cannot get out because all of the exchanges are backed up indefinitely in processing new users. Or that's the story I am told. I frankly don't buy it. I think it's all fictional, the whole thing. I don't think anyone is trading a...
by ny_rn
Thu Jan 04, 2018 5:46 pm
Forum: Investing - Help with Personal Investments
Topic: Cryptocurrency Exit Strategy
Replies: 52
Views: 4662

Re: Cryptocurrency Exit Strategy

ohboy! wrote:
Thu Jan 04, 2018 4:09 pm
harvestbook- Use gdax, not coinbase. Same login. No fees if you use limit orders and way lower fees with market orders. Free transfers between the two exchanges as well.
This is exactly what I do.
by ny_rn
Thu Jan 04, 2018 5:46 pm
Forum: Investing - Help with Personal Investments
Topic: Cryptocurrency Exit Strategy
Replies: 52
Views: 4662

Re: Cryptocurrency Exit Strategy

Hope you got out of some of it at $3.50. Like others have said, take your initial investment off the table, and take some profit to cover short term capital gains. Ripple is way overvalued at this point. It likely already priced in any potential pump from being added to Coinbase. You can see lots o...
by ny_rn
Thu Jan 04, 2018 11:14 am
Forum: Investing - Help with Personal Investments
Topic: Cryptocurrency Exit Strategy
Replies: 52
Views: 4662

Re: Cryptocurrency Exit Strategy

Valuethinker wrote:
Thu Jan 04, 2018 10:40 am
ny_rn wrote:
Thu Jan 04, 2018 10:34 am
From my dot com days, remember to take some profits off the table. It's not actual money until you have done that.
Great point.
by ny_rn
Thu Jan 04, 2018 10:34 am
Forum: Investing - Help with Personal Investments
Topic: Cryptocurrency Exit Strategy
Replies: 52
Views: 4662

Cryptocurrency Exit Strategy

I do not intend for this post to turn into a "should I speculate with cryptocurrency" thread. We all understand it is highly speculative/volatile and could drop to $0 at any point. With that said, I purchased Ripple (XRP) early December 2017. Today it is trading ~ $3.50. I plan to hold XRP until it ...
by ny_rn
Wed Jan 03, 2018 9:15 am
Forum: Investing - Theory, News & General
Topic: Call the top! - Bitcoin
Replies: 182
Views: 18195

Re: Call the top! - Bitcoin

I wonder how many people who "called the top" actually have money in bitcoin or other cryptocurrencies.
by ny_rn
Fri Dec 29, 2017 8:20 pm
Forum: Investing - Help with Personal Investments
Topic: Ripple and Ethereum: Which exchange do you use and do you recommend it?
Replies: 14
Views: 1967

Re: Ripple and Ethereum: Which exchange do you use and do you recommend it?

I bought ripple (XRP) a few months ago and it was quite the process to purchase. Purchase bitcoin (BTC) or ethereum (ETH) on Coinbase. Send BTC or ETH from Coinbase to an exchange that has XRP. I use Bittrex. Convert BTC or ETH to XRP on selected exchange. Send XRP to a XRP wallet. I use Gatehub for...
by ny_rn
Sat Dec 16, 2017 6:28 pm
Forum: Investing - Help with Personal Investments
Topic: Bitcoin futures with Fidelity
Replies: 25
Views: 2582

Re: Bitcoin futures with Fidelity

Create an account on coinbase.com and then buy and sell on gdax.com (owned by coinbase) with $0 fees.
by ny_rn
Tue Dec 12, 2017 9:37 pm
Forum: Personal Consumer Issues
Topic: NYC restaurant suggestion
Replies: 43
Views: 2620

Re: NYC restaurant suggestion

I live in New York and love going to "nice" dinners. It's the only thing I splurge on. :D

Here's a list for you: http://gothamist.com/2017/10/30/nyc_mic ... e_2018.php

Enjoy!
by ny_rn
Mon Dec 04, 2017 6:15 pm
Forum: Investing - Help with Personal Investments
Topic: New 403(b) Options
Replies: 3
Views: 310

Re: New 403(b) Options

While looking at the new options available in my upcoming 403(b), I took a peek at my current balance. Thank you Bogleheads for all your advice. Maxing out this account for the past five years has really paid off. Again, thank you. I could not have done it without you all.
by ny_rn
Mon Dec 04, 2017 10:28 am
Forum: Investing - Help with Personal Investments
Topic: New 403(b) Options
Replies: 3
Views: 310

Re: New 403(b) Options

I currently have 100% of my 403(b) invested in SSgA S&P 500 Index Fund N Class (SVSPX) with Valic. Beginning in 2018, I will have access to Vanguard Total Stock Market Index Fund Institutional (VITSX) available through TIAA. Is this a comparable fund? As you can tell, I want my 403(b) to be as simp...
by ny_rn
Mon Dec 04, 2017 10:14 am
Forum: Investing - Help with Personal Investments
Topic: New 403(b) Options
Replies: 3
Views: 310

New 403(b) Options

I currently have 100% of my 403(b) invested in SSgA S&P 500 Index Fund N Class (SVSPX) with Valic. Beginning in 2018, I will have access to Vanguard Total Stock Market Index Fund Institutional (VITSX) available through TIAA. Is this a comparable fund? As you can tell, I want my 403(b) to be as simpl...
by ny_rn
Sun Nov 26, 2017 3:38 am
Forum: Investing - Help with Personal Investments
Topic: Didn't buy Bitcoin at $4600
Replies: 138
Views: 11661

Re: Didn't buy Bitcoin at $4600

I bought half a bitcoin for ~ $4k and then traded it. I should have held it the Boglehead way. I also bought ethereum ~ $100. I'll hold onto that. :D
by ny_rn
Sat Nov 25, 2017 8:51 am
Forum: Investing - Theory, News & General
Topic: Buying and Spending Bitcoin
Replies: 183
Views: 22307

Re: Buying and Spending Bitcoin

You can purchase gift cards with bitcoin via gyft.com.

I have never actually used bitcoin, ethereum or litecoin for a transaction. I hold them purely for speculation. Maybe one day they'll produce "life-changing" money for me. If not, no big deal. I still have my lazy Boglehead portfolio.
by ny_rn
Wed Oct 11, 2017 7:53 am
Forum: Local Chapters and Bogleheads Community
Topic: Brooklyn, NY Meetup
Replies: 9
Views: 1248

Re: Brooklyn, NY Meetup

Biglaw Investor wrote:
Wed Oct 11, 2017 5:21 am
I'd be up for a meeting. I live in Cobble Hill.
Great, I'm in Prospect Heights.
stemikger wrote:
Wed Oct 11, 2017 6:37 am
Would Staten Island count?
Sure. Would you be willing to come to Brooklyn? I imagine we could meet around Park Slope or close to Barclays Center (access to trains).
by ny_rn
Wed Oct 11, 2017 4:58 am
Forum: Local Chapters and Bogleheads Community
Topic: Brooklyn, NY Meetup
Replies: 9
Views: 1248

Re: Brooklyn, NY Meetup

Mel Lindauer wrote:
Sun Oct 08, 2017 2:49 pm
There should be more than enough Bogleheads in Brooklyn to get a new Local Chapter going. Let's see how may express an interest.
Bump.

Thank you, Mr. Lindauer.
by ny_rn
Sun Oct 08, 2017 11:19 am
Forum: Local Chapters and Bogleheads Community
Topic: Brooklyn, NY Meetup
Replies: 9
Views: 1248

Brooklyn, NY Meetup

Any Bogleheads located in Brooklyn, NY? If so, who would be interested in getting together to grab a bite to eat and talk investing, etc?
by ny_rn
Sat Sep 23, 2017 8:28 pm
Forum: Investing - Help with Personal Investments
Topic: Is it a good time to buy Apple Stock on 9/23?
Replies: 18
Views: 2102

Re: Is it a good time to buy Apple Stock on 9/23?

If $100,000 is considered "nothing" to you, then feel free. But, I have a feeling this money is important to you. So, do not do it.

Put the cash in a savings account, spend more time on this site and educate yourself a little more.
by ny_rn
Tue Sep 19, 2017 4:14 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin AA - Just out of Curiousity
Replies: 51
Views: 3251

Re: Bitcoin AA - Just out of Curiousity

1. A very, very small percentage. I do not include it in my total net worth. 2. I took "x" amount of money and put it in litecoin, bitcoin and ethereum a few months ago. After I made my money back, I took my principal out and now I'm just playing with the gains. Notice I said, "playing." Maybe I'll ...
by ny_rn
Thu Sep 14, 2017 2:03 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin is dropping right now after a big Chinese exchange announces closure
Replies: 84
Views: 7363

Re: Bitcoin is dropping right now after a big Chinese exchange announces closure

am wrote:
Thu Sep 14, 2017 1:15 pm
I am holding on however because no one knows for sure. I may even buy more if they keep going down, China is one country and Chase CEO is one man with an opinion.
I am also prepared to deploy some extra money if the price keeps dropping.
by ny_rn
Wed Sep 13, 2017 4:10 pm
Forum: Investing - Help with Personal Investments
Topic: How often do you put money in Vanguard
Replies: 55
Views: 4952

Re: How often do you put money in Vanguard

Automatic contribution - 1st of every month.

Manual contributions - a few hundred dollars 2-3x per month.
by ny_rn
Sun Sep 10, 2017 2:30 pm
Forum: Investing - Help with Personal Investments
Topic: How to buy a Bitcoin?
Replies: 29
Views: 2393

Re: How to buy a Bitcoin?

This is how I buy and sell bitcoin, ethereum and litecoin with $0 fees...

1. Create account on coinbase.com.
2. Bring USD from bank account into the coinbase account.
3. Transfer money from step 2 to gdax.com (exchange owned by coinbase.com).
4. Buy and sell as "limit orders" with $0 fees.
by ny_rn
Wed Sep 06, 2017 4:37 am
Forum: Investing - Help with Personal Investments
Topic: Bought crypto currency
Replies: 67
Views: 4758

Re: Bought crypto currency

I have some LTC and will be selling all of it at $85.
by ny_rn
Tue Aug 15, 2017 2:26 pm
Forum: Investing - Help with Personal Investments
Topic: BITCOIN: Any experience sending USD from Coinbase to BofA?
Replies: 4
Views: 776

Re: BITCOIN: Any experience sending USD from Coinbase to BofA?

Not for BofA, but I have for Wells Fargo. It went smoothly, multiple times. Coinbase is heavily-regulated, backed by very mainstream investors (including the New York Stock Exchange), and FDIC insured to $250,000. For next time: the Boglehead strategy in this case is to sell on Coinbase's GDAX exch...
by ny_rn
Tue Aug 15, 2017 2:19 pm
Forum: Investing - Help with Personal Investments
Topic: BITCOIN: Any experience sending USD from Coinbase to BofA?
Replies: 4
Views: 776

Re: BITCOIN: Any experience sending USD from Coinbase to BofA?

Yes, your money will arrive. The cash takes a few days to clear.
by ny_rn
Mon Aug 14, 2017 9:42 am
Forum: Investing - Help with Personal Investments
Topic: Bitcoin
Replies: 138
Views: 12985

Re: Bitcoin

book lover wrote:
Mon Aug 14, 2017 9:33 am
Tulips anyone?
Definitely. But, I will take a few tulip petals that fall from time to time.
by ny_rn
Sun Aug 13, 2017 7:42 pm
Forum: Investing - Help with Personal Investments
Topic: Bitcoin
Replies: 138
Views: 12985

Re: Bitcoin

Malinois000 wrote:
Sun Aug 13, 2017 7:18 pm
Is there a more conservative way to play Bitcoins, for example, one of the major tech companies or banks?
The words conservative, play and bitcoins sound like a very dangerous combination.

You could just purchase more of the total stock market index and you will be investing in NVIDIA and AMD.
by ny_rn
Sun Aug 13, 2017 6:46 pm
Forum: Investing - Help with Personal Investments
Topic: Bitcoin
Replies: 138
Views: 12985

Re: Bitcoin

I started trading cryptocurrencies (bitcoin, ethereum and litecoin) a few months back with some money I wanted to speculate with. So far, I'm happy with the results. I'll continue playing with cryptocurrencies until it is no longer fun or "I win the game."
by ny_rn
Sun Aug 13, 2017 7:56 am
Forum: Investing - Help with Personal Investments
Topic: Individual stocks for fun
Replies: 24
Views: 2099

Re: Individual stocks for fun

I trade cryptocurrency (bitcoin and ethereum) for fun. I'm sure it'll meet all of your speculative needs. Feel like it is too late to jump on it though. Only if I could have near the beginning of it.. ONLY IF! is the key word :D The hedge fund contest seems like a good place to look though. Thanks ...
by ny_rn
Fri Aug 11, 2017 8:32 am
Forum: Investing - Help with Personal Investments
Topic: Individual stocks for fun
Replies: 24
Views: 2099

Re: Individual stocks for fun

I trade cryptocurrency (bitcoin and ethereum) for fun. I'm sure it'll meet all of your speculative needs.
by ny_rn
Thu Aug 03, 2017 2:46 pm
Forum: Personal Consumer Issues
Topic: Creating Multiple Streams of Income
Replies: 12
Views: 2315

Creating Multiple Streams of Income

For those of you who have created multiple streams of income, what do you do? I think it would be interesting to see what others are doing to make money, aside from his or her full-time job. I'll start... - Selling medical supplies online - Trading cryptocurrencies (bitcoin, litecoin and ethereum)
by ny_rn
Fri Jul 21, 2017 9:28 am
Forum: Investing - Theory, News & General
Topic: Cryptocurrencies
Replies: 50
Views: 5238

Re: Cryptocurrencies

I recently started "playing" with the cryptocurrencies: ethereum, litecoin and bitcoin. Notice that I said, "playing." So far, it has paid off. I have pulled my principal cash out and only play with my earnings. I should mention that my real investments (401k, roth ira and taxable accounts) are on s...
by ny_rn
Sun Apr 30, 2017 9:46 am
Forum: Personal Consumer Issues
Topic: The Expensive Car
Replies: 8
Views: 1434

The Expensive Car

My co-worker recently leased a 2015 Mercedes-Benz G-Class G55 and it got me thinking... Within my immediate department, I am probably the only person who contributes the maximum to our 403(b). I hear so many people say, "how do you do it?" The same co-worker that leased this vehicle for ~ $1,300/mon...
by ny_rn
Mon Apr 24, 2017 5:44 am
Forum: Investing - Help with Personal Investments
Topic: What fund to invest spare change in?
Replies: 4
Views: 674

Re: What fund to invest spare change in?

AgentHoopla wrote: ...I have about 30-40k in other monies that I may need to spend in 6 months - 2 years for unforeseen circumstances.
A boring savings account.
by ny_rn
Mon Apr 03, 2017 9:40 am
Forum: Investing - Theory, News & General
Topic: 100% stocks in ROTH?
Replies: 27
Views: 2285

Re: 100% stocks in ROTH?

I follow this same thinking. Then again, my 403(b) and taxable account is 100% US equities split between the total stock market and S&P 500.
by ny_rn
Tue Mar 28, 2017 10:21 am
Forum: Investing - Help with Personal Investments
Topic: Parents offering to invest $300,000 in my name as graduation gift; initial thought is to invest in a house?
Replies: 33
Views: 3558

Re: Parents offering to invest $300,000 in my name as graduation gift; initial thought is to invest in a house?

If I were in your situation I would put $250k into vanguard total stock market and $50k in a savings account. Consider the $300k money you do not have and live your life how you're currently living.
by ny_rn
Sun Mar 19, 2017 9:03 pm
Forum: Investing - Help with Personal Investments
Topic: Am I Addicted [to contribute to my taxable account]
Replies: 57
Views: 7769

Re: Am I Addicted [to contribute to my taxable account]

"Does anyone else find themselves constantly contributing to their taxable account? Besides my 403(b) and Roth IRA, I contribute all "spare" money to my taxable account (total stock market - vtsax). For example - I found $10 on the floor and sent it directly to vanguard." Why "VTSAX"? Is this only ...
by ny_rn
Sat Mar 18, 2017 10:20 pm
Forum: Investing - Help with Personal Investments
Topic: Am I Addicted [to contribute to my taxable account]
Replies: 57
Views: 7769

Am I Addicted [to contribute to my taxable account]

Does anyone else find themselves constantly contributing to their taxable account? Besides my 403(b) and Roth IRA, I contribute all "spare" money to my taxable account (total stock market - vtsax). For example - I found $10 on the floor and sent it directly to vanguard. Am I addicted? Anyone else ha...
by ny_rn
Fri Mar 17, 2017 4:44 pm
Forum: Local Chapters and Bogleheads Community
Topic: [Virtual online chapter - Master thread]
Replies: 62
Views: 8913

Re: Virtual boglehead meeting?

Great idea. If funds are needed to host this monthly, I'm sure we can all chip in a few dollars to cover costs. We can use our "fun money." :D